Purchasing Officer Salary
Pay for Purchasing Officers in the United States sits in the ballpark of $48K annually. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 50 percent. Male Purchasing Officers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 50 percent of the field. Some workers in this field — nearly one in four — are not awarded benefits. Medical coverage is reported by a strong majority and dental plans are enjoyed by a little more than half. Most Purchasing Officers are fairly content with their jobs, and work satisfaction falls in line with the national average. Participants in PayScale's salary questionnaire provided the particulars of this report.
|Salary||$32,677 - $82,299|
|Bonus||$-0.50 - $49,316|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$29,021 - $82,236|
|Hourly Rate||$12.39 - $24.61|
|Bonus||$-0.50 - $49,316|
|Total Pay (||$29,021 - $82,236|
Job Description for Purchasing Officer
Purchasing officer positions are available in a wide variety of organizations and businesses, ranging from hotels to government agencies to universities. Although job requirements vary by company and position, common requirements include at least a bachelor’s degree in business administration or a related field. A minimum of five years of experience dealing with contracts and/or purchasing is also needed; most organizations stipulate that at least part of this must have been in a management or supervisory role.Read More...
The purchasing officer's daily duties revolve mostly around maintaining stock levels and executing procedures to replenish and purchase items as needed. This requires excellent communication and organizational skills, as individuals in this position must coordinate with multiple divisions and remote locations to determine the needs of each. Purchasing officers must have extensive knowledge of the internal procedures for planning and executing purchases, especially in government jobs where there are strict rules and procedures for this. In many cases, knowledge of relevant government regulations is required in this position as well.
Purchasing officers typically work without frequent direct supervision, but they often have subordinate employees to help perform daily purchasing tasks. The work is mostly be conducted indoors and has minimal physical requirements or hazards. Travel to remote offices and/or remote conferencing may be necessary. Purchasing officers generally work during regular business hours, but some positions may have different shifts. (Copyright 2017 PayScale.com)
Purchasing Officer Tasks
- Procure, negotiate, and contract for necessary supplies, goods and materials.
- Track inventory and purchases, evaluating vendors.
- Request quotes, solicit bids, and evaluate results to select the appropriate vendors.
- Work with users and consumers to meet demands and follow guidelines.
Purchasing Officer Job Listings
Pay by Experience Level for Purchasing Officer
Pay by Experience for a Purchasing Officer has a positive trend. An entry-level Purchasing Officer with less than 5 years of experience can expect to earn an average total compensation of $39,000 based on 32 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Purchasing Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $42,000 based on 19 salaries. An experienced Purchasing Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $59,000 based on 17 salaries. A Purchasing Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $67,000 based on 8 salaries.
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